Core Viewpoint - The article discusses the achievements of state-owned enterprises (SOEs) during the "14th Five-Year Plan" period, highlighting strategic restructuring, optimization of asset allocation, and improvements in operational efficiency. Group 1: Restructuring and Integration Achievements - During the "14th Five-Year Plan," 10 SOEs underwent strategic restructuring, and 9 new central enterprises were established, enhancing the efficiency of state capital allocation [3][4] - The restructuring focused on three main areas: supporting national strategies, enhancing industrial collaboration, and optimizing public services [3][4][5] Group 2: Financial Performance and Growth - Since the beginning of the "14th Five-Year Plan," total assets of central enterprises increased from less than 70 trillion yuan to over 90 trillion yuan, with total profits rising from 1.9 trillion yuan to 2.6 trillion yuan, reflecting annual growth rates of 7.3% and 8.3% respectively [7] - Economic Value Added (EVA) has grown from over 380 billion yuan to approximately 1.2 trillion yuan, indicating improved value creation capabilities [7] Group 3: Investment and Market Performance - From 2021 to 2024, central enterprises are expected to complete a total fixed asset investment of 19 trillion yuan, with an average annual growth rate of 6.3% [9] - The market capitalization of centrally controlled listed companies exceeded 22 trillion yuan, marking a nearly 50% increase since the end of the "13th Five-Year Plan" [9]

Core Insights - The total assets of central enterprises have increased from less than 70 trillion yuan to over 90 trillion yuan during the "14th Five-Year Plan" period, with total profits rising from 1.9 trillion yuan to 2.6 trillion yuan, reflecting annual growth rates of 7.3% and 8.3% respectively [1] - Economic Value Added (EVA) has grown from over 380 billion yuan in 2010 to approximately 1.2 trillion yuan, indicating a focus on real value creation by considering capital costs [1] - Central enterprises are actively embracing new fields and accelerating the formation of new growth points, with investments in strategic emerging industries expected to exceed 40% of total investments in 2024 [2] Investment and Performance - From 2021 to 2024, central enterprises are projected to complete a total fixed asset investment of 19 trillion yuan, with an average annual growth rate of 6.3% [3] - The market-oriented issuance of special bonds for stable growth and investment is set to reach a total scale of 500 billion yuan, effectively promoting investment in key projects [3] - The market performance of centrally controlled listed companies has improved, with their market capitalization exceeding 22 trillion yuan, a nearly 50% increase since the end of the "13th Five-Year Plan" [3]